| Product Code: ETC4601065 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India thermoform packaging market import shipment demonstrated significant expansion with a robust CAGR of 29.7% from 2020 to 2024. Although the growth rate between 2023 and 2024 slightly moderated to 6.8%, indicating a stable momentum in the market's upward trajectory over the years.
Thermoform packaging is widely used in the India packaging industry for its versatility and cost-effectiveness. It finds applications in various sectors, including food, pharmaceuticals, electronics, and consumer goods. Thermoform packaging offers protection, product visibility, and customization options. As manufacturers seek efficient and sustainable packaging solutions, the thermoform packaging market is poised for continuous growth and innovation.
The India Thermoform Packaging market is witnessing substantial growth due to several driving factors. Thermoform packaging, which involves the shaping of plastic sheets into various packaging forms, is gaining popularity in industries such as food, pharmaceuticals, and consumer goods. The convenience, cost-effectiveness, and customization options offered by thermoform packaging are driving its adoption. The growth of organized retail and e-commerce has further boosted the demand for thermoformed packaging solutions. Additionally, the need for lightweight and environmentally friendly packaging options aligns with the market`s expansion, as manufacturers seek sustainable thermoform materials and processes.
In the India thermoform packaging market, challenges include the need for customized solutions, cost-effectiveness, and ensuring the compatibility of packaging materials with the products they contain. Waste management and recyclability are also important issues to tackle.
The India thermoform packaging market experienced varying impacts. Essential sectors like pharmaceuticals and healthcare saw an increase in demand, while non-essential industries faced disruptions. Manufacturers had to adapt their production to cater to the changing market needs.
Major players in the India thermoform packaging market include Amcor, Sonoco, DS Smith, and Bemis Company.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thermoform Packaging Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thermoform Packaging Market Revenues & Volume, 2021 & 2031F |
3.3 India Thermoform Packaging Market - Industry Life Cycle |
3.4 India Thermoform Packaging Market - Porter's Five Forces |
3.5 India Thermoform Packaging Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Thermoform Packaging Market Revenues & Volume Share, By Heat Seal Coating, 2021 & 2031F |
3.7 India Thermoform Packaging Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Thermoform Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the food and beverage industry leading to increased demand for packaging solutions. |
4.2.2 Rising awareness about sustainable packaging solutions among consumers and businesses. |
4.2.3 Technological advancements in thermoform packaging materials and processes. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Stringent government regulations regarding plastic waste and recycling. |
4.3.3 Intense competition from alternative packaging solutions such as flexible packaging. |
5 India Thermoform Packaging Market Trends |
6 India Thermoform Packaging Market, By Types |
6.1 India Thermoform Packaging Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Thermoform Packaging Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Thermoform Packaging Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.4 India Thermoform Packaging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 India Thermoform Packaging Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.2 India Thermoform Packaging Market, By Heat Seal Coating |
6.2.1 Overview and Analysis |
6.2.2 India Thermoform Packaging Market Revenues & Volume, By Water-Based, 2021-2031F |
6.2.3 India Thermoform Packaging Market Revenues & Volume, By Solvent-Based, 2021-2031F |
6.2.4 India Thermoform Packaging Market Revenues & Volume, By Hot Melt-Based, 2021-2031F |
6.3 India Thermoform Packaging Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 India Thermoform Packaging Market Revenues & Volume, By Blister Packaging, 2021-2031F |
6.3.3 India Thermoform Packaging Market Revenues & Volume, By Clamshell Packaging, 2021-2031F |
6.3.4 India Thermoform Packaging Market Revenues & Volume, By Skin Packaging, 2021-2031F |
7 India Thermoform Packaging Market Import-Export Trade Statistics |
7.1 India Thermoform Packaging Market Export to Major Countries |
7.2 India Thermoform Packaging Market Imports from Major Countries |
8 India Thermoform Packaging Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly packaging materials in the thermoform packaging market. |
8.2 Number of new product innovations and technological advancements in thermoform packaging. |
8.3 Growth in the number of partnerships and collaborations between thermoform packaging companies and food and beverage manufacturers. |
9 India Thermoform Packaging Market - Opportunity Assessment |
9.1 India Thermoform Packaging Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Thermoform Packaging Market Opportunity Assessment, By Heat Seal Coating, 2021 & 2031F |
9.3 India Thermoform Packaging Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Thermoform Packaging Market - Competitive Landscape |
10.1 India Thermoform Packaging Market Revenue Share, By Companies, 2024 |
10.2 India Thermoform Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |